I know BJ is really pissed off with JV partner and keen to give them a serve. Looking at possibility of suing for (a) increased project costs (b) damages that resulted in the nine month project delay.
BJ's resolve will have only increased given that arbitration went in EVG's favour and JV partner still packing-a-sad and not signing."
I don't know "BJ", but hopefully he will keep cool despite the provocation. That is, I hope that he and his legal advisers will make a truly pragmatic decision as to the risks and rewards of seeking recovery of costs and damages.
Presumably a factor in whether to go to court will be the need, if any, for EVG to re-establish a working relationship with Grimston World, and how best to do that - carrot or stick.
On a different note, many thanks for your fine post about EVG's bright prospects.
EVG Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
